Next week, I will not be providing a Mortgage Update due to the holidays. I hope you and yours have a Merry Christmas and Happy Holidays!
Mortgage Update for the Week of December 18, 2023
December 18, 2023 by Leave a Comment
What is the difference between a Bridge Loan and a Cash Buyer Program
November 17, 2023 by Leave a Comment
Bridge loans allow people who want to buy their next home to access a portion of their home equity to use as down payment and/or closing cost. They have been around for quite a while and has been a great tool to help accommodate home purchases. [Read more…]
Does Zillow’s Gloomy Article on Buying Now Pencil Out?
November 10, 2023 by Leave a Comment
Zillow’s recent gloomy attention grabbing headline stating “If you buy now, it can take 13.5 years to make a profit on your home sale” has been creating quite a buzz with various media outlets. I thought I’d run some scenarios to compare. [Read more…]
True Horror Story: Trapped by the 3% Mortgage Rate
October 31, 2023 by Leave a Comment
If you’re a homeowner wanting to buy your next home, you might be feeling reluctance to trade your existing interest rate for a current mortgage rate. It’s easy to understand when mortgage rates are double from what they were a few years ago. Historically speaking, mortgage rates are actually closer to what would be considered more of an average range than the Fed manipulated rates of years past.
I may have some good news for you. No, it’s not a trick…this can actually be a treat! [Read more…]
I’m back from vacation!
October 21, 2023 by Leave a Comment
Late Thursday night, I returned home from a three week vacation in Italy visiting my son and daughter-in-law, who are currently living in Europe. This is the longest vacation away from my wonderful hubby and work that I have ever done. My fantastic sister-in-law Marilyn joined me on this adventure to celebrate her retirement from Mortgage Master Service Corporation. [Read more…]
